It looks like the wedge was real, and the Exponential Math worked well..after an initial pop up at the open, the Bear returned strongly today...So far we're on track to
fall at least until the end of the month....Notice the collision of price with the downward sloping trendline on the 1.272 Crossover chart, and compare it with yesterday's same chart...
3 comments:
Hi Mark, Your work yesterday was very helpful for me this morning.
Thank You.
Good trading.
Hi Mark, Your candle stick chart is readable. But I don't know how to read the other charts. Is there some resource on the web that might explain how to read your other charts?
Good trading.
Hi aaaaaaum,
I am working up an explanatory page, will try to get it up by sometime over this weekend...basically watch for the lines labeled "price" on the spreadsheet graphs to collide with the up and down sloping lines and bounce off of them (thus changing direction from up-to-down or visa-versa)..This is particularly powerful when an adjacent chart of at the same point in time with slightly different parameters shows the price action right at or just past the 1.0000 Time Exponent as labeled at the bottom of the charts. Usually I will make a comment to help clarify what I think is important, which will vary somewhat, but most generally a collision with a trendline on one chart with arrival at 1.0000 (more rarely at .5000 or 1.5000) on a different chart, happening simultaneously, are the strongest trend change signals...look also at your conventional stuff, oversold or overbought indicators, etc. to back up what you see on my spreadsheet graphs...
Regards,
Mark L.
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